{"id":10985,"date":"2025-12-31T08:58:45","date_gmt":"2025-12-31T11:58:45","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=10985"},"modified":"2025-12-31T08:58:46","modified_gmt":"2025-12-31T11:58:46","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c12%ec%9b%94-30%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=10985","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(12\uc6d4 30\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n

    \n
  1. \ucc44\ubb34 \ub9cc\uae30\uac00 \ubab0\ub9b0 \uc5f0\ucd08
    \uacbd\uc81c\ubd80\ub294 2026\ub144 \ucd08 \uad6d\ub0b4 \ud1b5\ud654\ud45c\uc2dc \ubd80\ucc44 \uce21\uba74\uc5d0\uc11c \ub9e4\uc6b0 \ubd80\ub2f4\uc2a4\ub7ec\uc6b4 \uad6d\uba74\uc744 \ub9de\uc774\ud558\uac8c \ub41c\ub2e4.
    1\uc6d4\ubd80\ud130 4\uc6d4\uae4c\uc9c0 \ub204\uc801 \ub9cc\uae30 \uaddc\ubaa8\ub294 \uc57d 87\uc870 \ud398\uc18c \uc0c1\ub2f9\uc5d0 \uc774\ub97c \uac83\uc73c\ub85c \ubcf4\uc774\ub294\ub370, \uc774\ub294 2025\ub144 \uc911 \uc8fc\ub85c \ub2e8\uae30 \ub9cc\uae30\uc758 \uad6d\ucc44\uc640 \uc7ac\uc815\uc99d\uad8c\uc744 \ub300\ub7c9 \ubc1c\ud589\ud55c \uacb0\uacfc\ub2e4.
    \uc774\ub7ec\ud55c \uc6b4\uc6a9\uc740 \uc120\uac70 \ubd88\ud655\uc2e4\uc131\uc774 \ud070 \ud658\uacbd\uc5d0\uc11c \uc774\ub904\uc84c\uace0, \uadf8 \uacb0\uacfc \uad6d\ucc44 \ub9cc\uae30\uac00 2026\ub144 \ucd08\ub85c \uc9d1\uc911\ub418\uc5c8\ub2e4.
    \uc774 \ub54c\ubb38\uc5d0 \uc9c0\uae09 \uc77c\uc815\uc774 \ud2b9\ud788 1\ubd84\uae30\uc5d0 \ub9e4\uc6b0 \ube61\ube61\ud574\uc84c\uc73c\uba70, \ucd5c\uadfc \uad6d\ucc44 \uc785\ucc30\uc5d0\uc11c\ub294 \uc7ac\ubb34\uccad\uc774 \uc77c\ubd80 \ub9cc\uae30\ub97c 4\uc6d4 \uc774\ud6c4, \uc2ec\uc9c0\uc5b4 2027\ub144 \ucd08\uae4c\uc9c0 \ub298\ub9ac\ub824\ub294 \uc2dc\ub3c4\ub97c \ud558\uace0 \uc788\ub2e4.
    \ubaa9\ud45c\ub294 \uba85\ud655\ud558\ub2e4. \ub9e4\ub2ec \ubc1c\uc0dd\ud558\ub294 \ud398\uc18c \uc720\ub3d9\uc131 \uc555\ubc15\uc744 \uc904\uc5ec \uc678\ud658\ubcf4\uc720\uc561 \ucd95\uc801 \uc804\ub7b5\uc5d0 \ubd80\ub2f4\uc744 \uc8fc\uc9c0 \uc54a\uc73c\ub824\ub294 \uac83\uc774\ub2e4.
    \uc815\ubd80\ub294 \uad6d\ub0b4 \ud1b5\ud654 \ubd80\ucc44 \uc0c1\ud658\uacfc \ub2ec\ub7ec \ub9e4\uc785\uc744 \uc704\ud55c \ud1b5\ud654 \ubc1c\ud589\uc774 \ub3d9\uc2dc\uc5d0 \ubc1c\uc0dd\ud558\ub294 \uc0c1\ud669\uc744 \ud53c\ud558\ub824 \ud55c\ub2e4.
    \ub9cc\uc57d \uc774\ub7f0 \uc0c1\ud669\uc774 \ud604\uc2e4\ud654\ub418\uba74, \uc720\ub3d9\uc131\uc744 \ud761\uc218\ud558\uae30 \uc704\ud574 \ub354 \ub192\uc740 \uae08\ub9ac\ub97c \uc815\ub2f9\ud654\ud574\uc57c \ud560 \uc218 \uc788\uace0, \uc774\ub294 \uc778\ud50c\ub808\uc774\uc158 \uc804\uc774 \ub610\ub294 \ud658\uc728 \uc0c1\uc2b9 \uc555\ub825\uc73c\ub85c \uc774\uc5b4\uc9c8 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4.
    \ud604\uc7ac \uc608\uc0c1\ub418\ub294 \ub9cc\uae30 \ubd84\ud3ec\ub294 \ub2e4\uc74c\uacfc \uac19\ub2e4.
    1\uc6d4: 31\uc870 \ud398\uc18c
    2\uc6d4: 24\uc870 8\ucc9c\uc5b5 \ud398\uc18c
    3\uc6d4: 12\uc870 6\ucc9c\uc5b5 \ud398\uc18c
    4\uc6d4: 19\uc870 2\ucc9c\uc5b5 \ud398\uc18c
    \uc5b8\ub860 \ubd84\uc11d\uc5d0 \ub530\ub974\uba74, \uc815\ubd80\ub294 2026\ub144 \uc608\uc0b0\uc548 \uc2b9\uc778\uc774\ub77c\ub294 \uc815\uce58\u00b7\uacbd\uc81c\uc801 \uc9c0\uc9c0 \uae30\ubc18\uc744 \ud655\ubcf4\ud588\uc9c0\ub9cc, \uc2dc\uc7a5\uc758 \ucd08\uc810\uc740 \uc7ac\ubb34\uccad\uc774 \ub2ec\ub7ec \ubcf4\uc720\ub97c \uc5bc\ub9c8\ub098 \uac15\ud654\ud558\uace0 \ud5a5\ud6c4 \ubd80\ucc44 \ub9cc\uae30\ub97c \uac10\ub2f9\ud560 \uc218 \uc788\ub294\uc9c0\uc5d0 \ub9de\ucdb0\uc9c8 \uc804\ub9dd\uc774\ub2e4.<\/li>\n\n\n\n
  2. BCRA, \uae30\uc5c5 \ud658\uc728 \uaddc\uc81c \uc644\ud654 \uc870\uac74 \uc81c\uc2dc
    \uc911\uc559\uc740\ud589(BCRA)\uc740 2026\ub144\uc744 \ud5a5\ud55c \uc815\ucc45 \ub85c\ub4dc\ub9f5\uc744 \uacf5\uac1c\ud558\uba70, \uc911\uc694\ud55c \uc870\uac74\uc744 \uba85\uc2dc\ud588\ub2e4.
    \uc989, \uae30\uc5c5 \ub300\uc0c1 \uc678\ud658 \uaddc\uc81c \uc644\ud654\ub294 \uc544\ub974\ud5e8\ud2f0\ub098\uac00 \uad6d\uc81c \ucc44\uad8c \uc2dc\uc7a5\uc5d0 \ub2e4\uc2dc \uc811\uadfc\ud560 \uc218 \uc788\ub294\uc9c0 \uc5ec\ubd80\uc5d0 \ub2ec\ub824 \uc788\ub2e4\ub294 \uac83\uc774\ub2e4.
    \uc774 \ub0b4\uc6a9\uc740 \ucd5c\uadfc \ubc1c\ud45c\ub41c \uacf5\uc2dd \ubcf4\uace0\uc11c\uc5d0 \ub2f4\uacbc\uc73c\uba70, \ubcf4\uace0\uc11c\ub294 \ud658\uc728 \uc81c\ub3c4 \ubcc0\uacbd\uacfc \uc678\ud658\ubcf4\uc720\uc561 \ucd95\uc801 \uacc4\ud68d\uc744 \ud1a0\ub300\ub85c \ub2e4\uc74c \ub2e8\uacc4\uc758 \uacbd\uc81c \ud504\ub85c\uadf8\ub7a8 \ubaa9\ud45c\ub97c \uc124\uba85\ud558\uace0 \uc788\ub2e4.
    \uc0c8\ub85c\uc6b4 \uc81c\ub3c4\ub294 1\uc6d4 1\uc77c\ubd80\ud130 \uc2dc\ud589\ub41c\ub2e4.
    \ubcf4\uace0\uc11c\ub294 \ud658\uc728 \ubc34\ub4dc \uc870\uc815\uacfc \ud568\uaed8, \uc790\uc720 \uc678\ud658\uc2dc\uc7a5\uc5d0\uc11c\uc758 \ub2ec\ub7ec \uacf5\uae09 \uc99d\uac00 \ud654\ud3d0 \uc218\uc694
    \ud655\ub300\uac00 \ub3d9\ubc18\ub420 \uacbd\uc6b0\uc5d0\ub9cc \uc678\ud658 \uc790\uc0b0 \uc7ac\uad6c\uc131\uc774 \uac00\ub2a5\ud558\ub2e4\uace0 \uac15\uc870\ud55c\ub2e4.
    \uacbd\uc81c\ubd80 \uc7a5\uad00\uc758 \ucd5c\uadfc \ubc1c\uc5b8\uacfc \ub9c8\ucc2c\uac00\uc9c0\ub85c, \uc911\uc559\uc740\ud589\uc740 \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\uc5d0 \ub300\ud55c \uae08\uc735 \uc758\uc874\ub3c4\ub97c \uc904\uc5ec\uc57c \ud55c\ub2e4\ub294 \uc810\uc744 \uc778\uc815\ud558\uba74\uc11c\ub3c4, \uae30\uc5c5 \ubd80\ubb38\uc744 \uc911\uc2ec\uc73c\ub85c \ud55c \ud658\uc728 \uc815\uc0c1\ud654\ub97c \uc704\ud574\uc11c\ub294 \ud574\uc678 \uc2e0\uc6a9 \uc811\uadfc\uc774 \uacb0\uc815\uc801\uc774\ub77c\ub294 \uc810\uc744 \ubd84\uba85\ud788 \ud55c\ub2e4.
    \uc911\uc559\uc740\ud589\uc5d0 \ub530\ub974\uba74, \uc0c8 \ub2e8\uacc4\ub294 \u201c\uacbd\uc81c\uc758 \uc7ac\ud654\ud3d0\ud654(remonetizaci\u00f3n)\u201d \uacfc\uc815\uc774 \ud575\uc2ec\uc774\ub2e4.
    \uc774\ub294 \uc2e4\ubb3c \uacbd\uc81c \uc131\uc7a5, \ubb3c\uac00 \uc548\uc815, \uc678\ud658\ubcf4\uc720\uc561 \uac15\ud654\ub97c \ub3d9\uc2dc\uc5d0 \ub2ec\uc131\ud558\ub824\ub294 \uc804\ub7b5\uc774\ub2e4.
    \uc774 \uacfc\uc815\uc5d0\uc11c \ud1b5\ud654\uae30\ubc18\uc740 \uc99d\uac00\ud558\ub418, \uad6d\ub0b4 \uc778\ud50c\ub808\uc774\uc158\uc774 \ud574\uc678\ubcf4\ub2e4 \ub192\uc740 \ud55c, \ud654\ud3d0 \uc218\uc694 \uc99d\uac00 \uc18d\ub3c4\ubcf4\ub2e4\ub294 \ub290\ub9ac\uac8c \ud655\ub300\ub420 \uc608\uc815\uc774\ub2e4.
    \uc99d\uac00\ud558\ub294 \ud398\uc18c \uc218\uc694\uc758 \uc0c1\ub2f9 \ubd80\ubd84\uc740 \uc678\ud658\ubcf4\uc720\uc561 \ucd95\uc801\uc744 \ud1b5\ud574 \ucda9\ub2f9\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4.
    \uc774\ub97c \uc704\ud574 \ubcf4\uace0\uc11c\ub294 \uad6d\uc81c \ucc44\uad8c\uc2dc\uc7a5 \uc811\uadfc\uc131 \ud68c\ubcf5\uc774 \ud575\uc2ec\uc774\ub77c\uace0 \uac15\uc870\ud55c\ub2e4.
    \uc774\ub294 \uacf5\uacf5\ubd80\ubb38 \ubd80\ucc44 \ub9cc\uae30 \ucc28\ud658, \uae30\uc5c5\uc758 \ud5a5\ud6c4 \uc790\uae08\uc870\ub2ec \ud658\uacbd \uac1c\uc120,\ubaa8\ub450\uc5d0 \ud544\uc218\uc801\uc778 \uc694\uc18c\ub85c \uc81c\uc2dc\ub41c\ub2e4.<\/li>\n\n\n\n
  3. 2026\ub144 \uc608\uc0b0 \uc2b9\uc778 \uc774\ud6c4 \uad6d\uac00\uc704\ud5d8\ub3c4 \ud558\ub77d
    2026\ub144 \uc608\uc0b0\uc548\uc774 \uc2b9\uc778\ub41c \uc774\ud6c4 \uad6d\uac00\uc704\ud5d8\ub3c4\uac00 \ud558\ub77d\ud588\ub2e4.
    \ub2ec\ub7ec \ud45c\uc2dc \uad6d\ucc44\ub294 \uc9e7\uc740 \uac70\ub798 \uc8fc\uac04\uc5d0 \ub69c\ub837\ud55c \uac1c\uc120\uc138\ub85c \ucd9c\ubc1c\ud558\uba70 \uad6d\uac00\uc704\ud5d8\ub3c4\ub97c 571bp\uae4c\uc9c0 \ub04c\uc5b4\ub0b4\ub838\ub2e4. \uc774\ub294 \uc758\ud68c\uc5d0\uc11c 2026\ub144 \uc608\uc0b0\uc548\uc774 \uc2b9\uc778\ub41c \ub370 \ub530\ub978 \uac83\uc73c\ub85c, \uc2dc\uc7a5\uc740 \uc774\ub97c \uc815\ucc45\uc758 \uc608\uce21 \uac00\ub2a5\uc131\uc774 \ub192\uc544\uc84c\ub2e4\ub294 \uc815\uce58\uc801 \uc2e0\ud638\ub85c \ud574\uc11d\ud588\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44\ub294 \uc804\ubc18\uc801\uc778 \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\uc73c\uba70, \ucd5c\ub300 0.8%\uae4c\uc9c0 \uc62c\ub790\ub2e4. \uc0c1\uc2b9\uc744 \uc8fc\ub3c4\ud55c \uac83\uc740 \uae00\ub85c\ubc8c 2029, \ub4a4\uc774\uc5b4 \uae00\ub85c\ubc8c 2038\uc774 \uc57d 0.7% \uc0c1\uc2b9\ud588\ub2e4. \uc774\ub7ec\ud55c \ud750\ub984\uc73c\ub85c \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 \ucd5c\uadfc \uc218\uac1c\uc6d4\uac04 \ubcf4\uae30 \ud798\ub4e4\uc5c8\ub358 \uc218\uc900\uae4c\uc9c0 \ub0b4\ub824\uc654\ub2e4.
    \ubc18\uba74, \uad6d\uc81c \uae08\uc735 \ud658\uacbd\uc740 \uc544\ub974\ud5e8\ud2f0\ub098 \uc790\uc0b0\uc5d0 \ub2e4\uc18c \ubd88\ub9ac\ud588\ub2e4. \uc6d4\uac00\uc5d0\uc11c\ub294 ADR\uc774 \uc804\ubc18\uc801\uc73c\ub85c \uc57d\uc138\ub97c \ubcf4\uc600\uace0, \ucd5c\ub300 2.6% \ud558\ub77d\ud588\ub2e4. \uad6d\ub0b4 \uc2dc\uc7a5\uc5d0\uc11c\ub294 S&P \uba54\ub974\ubc1c \uc9c0\uc218\uac00 \ud398\uc18c \uae30\uc900 0.4%, \ub2ec\ub7ec \uae30\uc900 0.3% \ud558\ub77d\ud558\uba70, \ucc44\uad8c\uc2dc\uc7a5\uc774 \uac15\uc138\ub97c \ubcf4\uc600\uc74c\uc5d0\ub3c4 \uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc2e0\uc911\ud55c \ubd84\uc704\uae30\uac00 \ub098\ud0c0\ub0c8\ub2e4.<\/li>\n\n\n\n
  4. \ud658\uc728, \ubc34\ub4dc \uc0c1\ub2e8\uacfc\ub294 \uac70\ub9ac\ub450\uba70 \uc5f0\ub9d0 \ub9c8\uac10
    \uacf5\uc2dd \ud658\uc728\uc740 2025\ub144 \ub9c8\uc9c0\ub9c9 \uc8fc\ub97c \ube44\uad50\uc801 \uc81c\ud55c\uc801\uc778 \ubcc0\ub3d9 \uc18d\uc5d0\uc11c \uc2dc\uc791\ud588\uc73c\uba70, \uc2dc\uc7a5\uc5d0\uc11c \uac00\uc7a5 \ub0ae\uc740 \ud658\uc728 \uc218\uc900\uc744 \uc720\uc9c0\ud588\ub2e4. \uc774\ubc88 \uc8fc \uc6d4\uc694\uc77c, \ub3c4\ub9e4 \ub2ec\ub7ec\ub294 \uc804\uc77c \ub300\ube44 4.50\ud398\uc18c \uc0c1\uc2b9\ud55c 1,457\ud398\uc18c\uc5d0 \ub9c8\uac10\ud588\uc73c\uba70, \uc774\ub294 \ud604\ud589 \ubcc0\ub3d9 \ud658\uc728 \ubc34\ub4dc \uc0c1\ub2e8 \ub300\ube44 4.7% \ub0ae\uc740 \uc218\uc900\uc774\ub2e4. \uc774 \uaca9\ucc28\ub294 \ucd5c\uadfc 10\uac70\ub798\uc77c \ub3d9\uc548 \uac70\uc758 \ubcc0\ud558\uc9c0 \uc54a\uc558\ub2e4.
    \uae08\uc735\uc2dc\uc7a5\uc5d0\uc11c\ub294 CCL\ud658\uc728\uc774 1,527.22\ud398\uc18c(\uaca9\ucc28 4.82%)\ub97c \uae30\ub85d\ud588\uace0, MEP \ud658\uc728\uc740 1,484.35\ud398\uc18c\ub85c \uac70\ub798\ub418\uba70 \uaca9\ucc28\ub294 1.88%\uc600\ub2e4. \ud55c\ud3b8 \uc120\ubb3c\ud658 \uc2dc\uc7a5\ub3c4 \uc0c1\uc2b9 \ud750\ub984\uc744 \uc774\uc5b4\uac14\ub294\ub370, 2026\ub144 \uc911\ubc18 \ub9cc\uae30 \uacc4\uc57d\uc740 \ud658\uc728\uc774 \uc57d 1,658\ud398\uc18c\uc5d0 \uc774\ub97c \uac83\uc73c\ub85c \ubc18\uc601\ud558\uace0 \uc788\uc73c\uba70, \uc774\ub294 \uc0c1\ubc18\uae30\uc5d0 \uc57d 14%\uc758 \uc870\uc815\uc744 \uc758\ubbf8\ud55c\ub2e4.
    1\uc6d4 1\uc77c\ubd80\ud130 \ud658\uc728 \uc81c\ub3c4\uc5d0\ub294 \uc911\uc694\ud55c \ubcc0\ud654\uac00 \uc801\uc6a9\ub41c\ub2e4. \ud658\uc728 \ubc34\ub4dc\uc758 \ud558\ub2e8\uacfc \uc0c1\ub2e8\uc774 \ubaa8\ub450 INDEC\uac00 \ubc1c\ud45c\ud558\ub294 \ucd5c\uc2e0 \uc778\ud50c\ub808\uc774\uc158 \uc9c0\ud45c\ub97c \uae30\uc900\uc73c\ub85c, \uc77c\uc815 \uc2dc\ucc28\ub97c \ub450\uace0 \ub9e4\uc6d4 \uc870\uc815\ub418\uae30 \uc2dc\uc791\ud55c\ub2e4.
    \uc911\uc559\uc740\ud589\uc758 \ucd5c\uc2e0 \uc2dc\uc7a5\uae30\ub300\uc870\uc0ac(REM)\uc5d0 \ub530\ub974\uba74, 2025\ub144 12\uc6d4\ubd80\ud130 2026\ub144 5\uc6d4\uae4c\uc9c0 \ub204\uc801 \uc778\ud50c\ub808\uc774\uc158\uc740 11.1%\ub85c \uc608\uc0c1\ub41c\ub2e4. \uc774 \uac00\uc815\uc744 \ubc14\ud0d5\uc73c\ub85c \ud560 \uacbd\uc6b0, \ud658\uc728 \ubc34\ub4dc \uc0c1\ub2e8\uc740 2026\ub144 7\uc6d4 \ub9d0\uacbd \uc57d 1,732.49\ud398\uc18c\uc5d0 \uc774\ub97c \uac83\uc73c\ub85c \ubcf4\uc774\uba70, \uc774\ub294 \ud574\ub2f9 \uc6d4 \uc120\ubb3c\ud658 \uc2dc\uc7a5\uc774 \ud604\uc7ac \ubc18\uc601\ud558\uace0 \uc788\ub294 \uc218\uc900\ubcf4\ub2e4 \uc57d 44\ud398\uc18c, \uc989 2.6% \ub192\uc740 \uc218\uce58\ub2e4.
    REM\uc740 \ub610\ud55c 2026\ub144 5\uc6d4 \ub9d0 \uacf5\uc2dd \ud658\uc728\uc744 1,577\ud398\uc18c\ub85c \uc804\ub9dd\ud588\uc73c\uba70, \uac19\uc740 \uc2dc\uc810\uc758 \ud658\uc728 \ubc34\ub4dc \uc0c1\ub2e8\uc740 1,663.86\ud398\uc18c\ub85c \ucd94\uc815\ub41c\ub2e4. \uc774\ub294 \ubb3c\uac00 \uc5f0\ub3d9 \ubc29\uc2dd\uc73c\ub85c \uc870\uc815\ub418\ub294 \uc0c8\ub85c\uc6b4 \ud658\uc728 \ubc34\ub4dc \uc81c\ub3c4\ud558\uc5d0\uc11c \uc608\uc0c1\ub418\ub294 \uc778\ud50c\ub808\uc774\uc158 \ud750\ub984\uacfc \uc77c\uce58\ud55c\ub2e4.
    \uc774\uc640\uad00\ub828 Perfil\uc5d0 \uc2e4\ub9b0 \uae30\uc0ac\uc5d0\uc11c\ub294 \ub2e4\uc74c\uacfc \uac19\uc774 \uc5b8\uae09\ud588\ub2e4.
    \ub192\uc740 \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131 \uc18d\uc5d0\uc11c \ub2ec\ub7ec\ub294 \ub2e4\uc2dc \uc548\uc804\uc790\uc0b0\uc73c\ub85c\uc11c\uc758 \uae30\ub2a5\uc744 \ud588\ub2e4.
    \uadf8\ub7ec\ub098 \uadf8 \uc218\uc775\ub960\uc740 \uc5b4\ub5a4 \ud658\uc728\uc744 \uae30\uc900\uc73c\ub85c \ubcf4\ub290\ub0d0\uc5d0 \ub530\ub77c \ub2ec\ub77c\uc84c\uace0, \ud56d\uc0c1 \ud398\uc18c\ud654 \uc800\ucd95 \ub300\uc548\uc5d0 \ube44\ud574 \uc6b0\uc704\ub97c \uac16\uc9c0\ub294 \ubabb\ud588\ub2e4.<\/li>\n\n\n\n
  5. \uc740\ud589\ub4e4, \u2018\uce68\ub300 \uc18d \ub2ec\ub7ec\u2019 \uc720\uc785\uc744 \uc704\ud55c \uc138\ubd80 \uaddc\uc815 \ub300\uae30
    \uc815\ubd80\uac00 \u2018\uc7ac\uc815 \ubb34\uc8c4\ubc95\u2019\uc758 \ud1b5\uacfc\ub97c \ud658\uc601\ud558\uace0, \ub8e8\uc774\uc2a4 \uce74\ud478\ud1a0 \uacbd\uc81c\ubd80 \uc7a5\uad00\uc774 \ube44\uacf5\uc2dd\uc801\uc73c\ub85c \ubcf4\uc720 \uc911\uc778 \ub2ec\ub7ec\uc758 \uc740\ud589\uad8c \uc720\uc785\uc744 \ucd09\uc9c4\ud558\ub77c\uace0 \uacf5\uac1c\uc801\uc73c\ub85c \ucd09\uad6c\ud588\uc74c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0, \uc740\ud589\uad8c \uc804\ubc18\uc5d0\ub294 \uc5ec\uc804\ud788 \uc2e0\uc911\ub860\uc774 \uc6b0\uc138\ud558\ub2e4.
    \uae08\uc735\uae30\uad00\ub4e4\uc740 \ud574\ub2f9 \uc790\uae08 \uc720\uc785\uc5d0 \uc5b4\ub5bb\uac8c \ub300\uc751\ud560\uc9c0\ub97c \uacb0\uc815\ud558\uae30 \uc804\uc5d0 \uad00\ub828 \uaddc\uc815\uc758 \uad6c\uccb4\uc801\uc778 \uc2dc\ud589 \uc9c0\uce68\uc744 \uae30\ub2e4\ub9ac\uace0 \uc788\ub2e4. \uc740\ud589\ub4e4\uc740 \ube44\uacf5\uc2dd \uc800\ucd95\uc5d0\uc11c \ubc1c\uc0dd\ud55c \ub2ec\ub7ec \uc608\uae08\uc744 \ubc1b\uc544\ub4e4\uc774\ub294 \uac00\ub2a5\uc131 \uc790\uccb4\ub294 \uc774\ubbf8 \uc218\uac1c\uc6d4 \uc804\ubd80\ud130 \uc874\uc7ac\ud588\uc9c0\ub9cc, \ud604\ud589 \uaddc\uc81c\ub294 \uc5ec\uc804\ud788 \uae08\uc735\uc815\ubcf4\ubd84\uc11d\uc6d0(UIF)\uacfc \uc911\uc559\uc740\ud589\uc774 \uc694\uad6c\ud558\ub294 \uc790\uae08 \ucd9c\ucc98 \uad00\ub828 \uc815\ubcf4 \uc81c\ucd9c \uc758\ubb34\ub97c \uc720\uc9c0\ud558\uace0 \uc788\ub2e4\uace0 \uc124\uba85\ud55c\ub2e4.
    \uc774\ub7ec\ud55c \ub9e5\ub77d\uc5d0\uc11c \uc740\ud589\uc758 \ucef4\ud50c\ub77c\uc774\uc5b8\uc2a4 \uc2dc\uc2a4\ud15c\uc740 \uc790\uae08 \ucd9c\ucc98\uc5d0 \ub300\ud55c \uc99d\ube59\uc744 \uacc4\uc18d \uc694\uad6c\ud558\uace0 \uc788\ub2e4. \uadf8 \uacb0\uacfc, \uc6b4\uc601\uc0c1 \uc138\ubd80 \uc0ac\ud56d\uc774 \uba85\ud655\ud574\uc9c8 \ub54c\uae4c\uc9c0 \uc5ec\ub7ec \uae08\uc735\uae30\uad00\ub4e4\uc740 \uc774 \uc720\ud615\uc758 \ub2ec\ub7ec \uc608\uae08\uc5d0 \ub300\ud574 \ucd94\uac00\uc801\uc778 \uc81c\ud55c\uacfc \uac80\uc99d \uc808\ucc28\ub97c \uc720\uc9c0\ud558\uace0 \uc788\ub2e4.
    \ucd5c\uc885\uc801\uc778 \uc6b4\uc6a9 \ubc29\uc2dd\uc740 \uc2dc\ud589 \uaddc\uc815\uc774 \uc5b4\ub5bb\uac8c \ub9c8\ub828\ub418\ub294\uc9c0, \uadf8\ub9ac\uace0 \u2018\uc7ac\uc815 \ubb34\uc8c4\u2019 \uc6d0\uce59\uc774 \uc2e4\uc81c \uc740\ud589 \uc5c5\ubb34\uc5d0\uc11c \uc5b4\ub290 \ubc94\uc704\uae4c\uc9c0 \uc801\uc6a9\ub420\uc9c0\uc5d0 \ub530\ub77c \uacb0\uc815\ub420 \uc804\ub9dd\uc774\ub2e4.<\/li>\n\n\n\n
  6. \uc6d4\uac00, \uc5f0\ub9d0 \ub7a0\ub9ac \uc774\ud6c4 \ud558\ub77d \ucd9c\ubc1c
    \uc6d4\uac00 \uc99d\uc2dc\ub294 \uc5f0\ub9d0 \ub7a0\ub9ac \uc774\ud6c4 \ucc28\uc775 \uc2e4\ud604\uacfc \uc5f0\ub9d0\uc5f0\uc2dc \ud734\uc77c\ub85c \uc778\ud55c \uac70\ub798 \uac10\uc18c \uc18d\uc5d0\uc11c \uc8fc \ucd08\ubc18 \ud558\ub77d\uc138\ub85c \ucd9c\ubc1c\ud588\ub2e4. \ub2e4\uc6b0\uc874\uc2a4 \uc9c0\uc218\ub294 0.6% \ud558\ub77d\ud588\uace0, S&P500\uc740 0.34%, \ub098\uc2a4\ub2e5 \uc885\ud569\uc9c0\uc218\ub294 0.5% \ud558\ub77d\ud588\ub2e4.
    \uac70\ub798 \ucc38\uc5ec\uc790\uac00 \uc904\uc5b4\ub4e0 \uac00\uc6b4\ub370 \uac70\ub798\ub7c9\uc774 \uc81c\ud55c\ub418\uba74\uc11c \ub69c\ub837\ud55c \ubc29\ud5a5\uc131\uc740 \ub098\ud0c0\ub098\uc9c0 \uc54a\uc558\ub2e4. \uc774\ubc88 \uc870\uc815\uc740 S&P500\uc774 \ub300\ud615 \uae30\uc220\uc8fc \uc8fc\ub3c4\ub85c \uc0ac\uc0c1 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud55c \uae0d\uc815\uc801\uc778 \ud55c \uc8fc \uc774\ud6c4\uc5d0 \ub098\ud0c0\ub0ac\ub2e4.
    \uc6d4\ucd08 \uc555\ubc15\uc744 \ubc1b\uc558\ub358 \uc131\uc7a5\uc8fc\ub294 \uc778\uacf5\uc9c0\ub2a5 \uad00\ub828 \uc139\ud130\uc5d0 \ub300\ud55c \uad00\uc2ec\uacfc \ubcf4\ub2e4 \uc720\uc5f0\ud55c \uae08\uc735 \ud658\uacbd \uae30\ub300 \uc18d\uc5d0 \ub2e4\uc2dc \uc8fc\ub3c4\uad8c\uc744 \ud68c\ubcf5\ud588\ub2e4. \uc804\ubc18\uc801\uc778 \uc2dc\uc7a5 \ubd84\uc704\uae30\ub294 \uc5ec\uc804\ud788 \uac74\uc124\uc801\uc774\uba70, \ud22c\uc790\uc790\ub4e4\uc740 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4\uac00 \uae34\ucd95 \uc0ac\uc774\ud074\uc758 \ub9c8\ubb34\ub9ac\uc5d0 \uac00\uae4c\uc6cc\uc84c\ub2e4\uace0 \ubcf4\uace0 2026\ub144 \uae08\ub9ac \uc778\ud558\ub97c \uacc4\uc18d\ud574\uc11c \ubc18\uc601\ud558\uace0 \uc788\ub2e4. \uc608\uc0c1\ubcf4\ub2e4 \uc644\ub9cc\ud55c \ucd5c\uadfc \uc778\ud50c\ub808\uc774\uc158 \uc9c0\ud45c\ub294 \uc774\ub7ec\ud55c \uae30\ub300\ub97c \uac15\ud654\ud558\uba70, \uc2e0\uc911\ud55c \uc8fc \ucd08 \ud750\ub984 \uc18d\uc5d0\uc11c\ub3c4 \uc704\ud5d8\uc790\uc0b0\uc5d0 \ub300\ud55c \uc9c0\uc9c0\ub97c \uc774\uc5b4\uac00\uace0 \uc788\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

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